Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for sunt prepare (a) sales budget and (b) a production budget Rumble Thunder Estimated Inventory (units), June 1 245 78 Desired inventory (units), June 30 282 60 Expected sales volume (units) Midwest Region 3,150 3,550 South Region 4,900 5,550 5115 1225 Unit sales price a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Model: Rumble Midwest Region Total Sales South Region Total Model: Thunder Midwest Region South Region Total Total revenue from sales b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Sonic Inc. Production Budget For the Month Ending June 30 Units Rumble Units Thunder Total units available Total units to be produced Sonic Inc. Production Budget For the Month Ending June 30 Units Rumble Units Thunder Depreciation Direct labor Estimated Inventory, June 1 Expected units to be sold Supervisor salaries Total units to be produced